Matthews Asia Dividend Fund Institutional Class (MIPIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
14.68
-0.05 (-0.34%)
May 9, 2025, 8:06 AM EDT
6.30% (1Y)
| Fund Assets | 537.20M |
| Expense Ratio | 1.09% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.49% |
| Dividend Growth | 73.11% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 26, 2025 |
| Previous Close | 14.73 |
| YTD Return | 4.41% |
| 1-Year Return | 8.98% |
| 5-Year Return | 18.17% |
| 52-Week Low | 12.79 |
| 52-Week High | 15.91 |
| Beta (5Y) | 0.89 |
| Holdings | 49 |
| Inception Date | Oct 29, 2010 |
About MIPIX
The investment seeks total return with an emphasis on providing current income. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in Asia.
Category Diversified Pacific/Asia
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MIPIX
Share Class Institutional Class Shares
Index MSCI AC Asia Pacific TR USD
Performance
MIPIX had a total return of 8.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.26%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MAPIX | Investor Class Shares | 1.20% |
Top 10 Holdings
33.43% of assets| Name | Symbol | Weight |
|---|---|---|
| TSMC - Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 6.20% |
| Tencent Holdings Ltd | 700 | 4.47% |
| HDFC Bank Ltd | HDFCB | 3.89% |
| ITOCHU Corp | 8001 | 3.40% |
| AIA Group Ltd | 1299 | 3.11% |
| ORIX Corp | 8591 | 2.62% |
| Delta Electronics Inc | 2308 | 2.47% |
| Tokio Marine Holdings Inc | 8766 | 2.44% |
| Suzuki Motor Corp | 7269 | 2.42% |
| Tata Consultancy Services Ltd | TCS | 2.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 26, 2025 | $0.00817 | Mar 26, 2025 |
| Dec 18, 2024 | $0.26699 | Dec 18, 2024 |
| Sep 25, 2024 | $0.05772 | Sep 25, 2024 |
| Jun 26, 2024 | $0.03234 | Jun 26, 2024 |
| Mar 27, 2024 | $0.08963 | Mar 27, 2024 |
| Dec 14, 2023 | $0.04094 | Dec 14, 2023 |